Riyadh – Mubasher: Mouwasat Medical Services on Tuesday announced that the company’s shareholders had approved distributing a cash dividend of SAR 1.75 per share for 2018 during an ordinary general meeting (OGM) held the previous day.
Dividends will be distributed on 5 May, according to a statement to the Saudi Stock Exchange (Tadawul).
The eligibility of dividends shall be for the shareholders holding shares on 22 April and as per the registered shareholders in the register of the Securities Depository Center Company at the end of the second trading day following the eligibility date.
For the full-year 2018, the medical firm’s profits, after calculating zakat and taxes, rose 7% to SAR 360 million, compared to SAR 337 million in 2017.
In May 2018, the OGM of Mouwasat Medical Services approved distributing a cash dividend of SAR 3 per share for 2017.
